Peso gains to one-week high amid agreement in Cyprus

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Source: Bloomberg
Chile's currency reached a one-week high on Monday as demand for emerging-market assets was boosted by situation in Europe, where the Cypriot lawmakers agreed on a new bailout plan for the country's failing economy. The Chilean Peso appreciated less than 0.1% to 472.53 per U.S. Dollar at 10:25 Santiago's time reaching its highest closing level since March 18.

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Tue, 26 Mar 2013 08:40:07 GMT

U.S. shares down as Europe afraid of losses on deposits

U.S. stocks dropped on rising concerns that the Cyprus's banking system's restructuring plan will cause losses on deposits in other European banks as well. The S&P 500 Index declined 0.3% to 1,551.69 after surging 0.5% earlier. All sectors in the gauge posted losses. Ebay Inc. lost 3.7% for the biggest slump in the index, as investors became cautious about a

Mon, 25 Mar 2013 15:49:09 GMT

Finland's manufacturing PPI drops in February

Finland's factory gate inflation decreased significantly in the month of February mainly due to a slowdown of the manufacturing sector's producer price index, which fell from 0.7% in January to a level of 0.1% in February, the Statistics Finland reported on Monday. The report also showed that price of goods sold in Finland added 0.9% on an annual basis in

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